Steeper Vitality enters settlement with Topsoe to introduce full waste-to-biofuel resolution
Steeper Vitality (Steeper) and Topsoe signal a world licensing settlement for Steeper’s Hydrofaction® know-how, enabling Topsoe to supply a whole waste-to-fuel resolution.
The settlement grants Topsoe the fitting to sublicense Steeper’s Hydrofaction® know-how, used for changing biomass to renewable biocrude oil.
The settlement accelerates the deployment of superior biofuels produced from waste biomass akin to residues from forestry and agriculture. It is a robust pathway to renewable fuels for the transportation sector together with street, aviation and transport.
COPENHAGEN, Denmark, Jan. 26, 2023 /CNW/ – Topsoe, a world chief in carbon emission discount applied sciences, and Steeper, a pioneer inside biomass conversion applied sciences, have immediately signed a world licensing settlement for an entire waste-to-fuel resolution. The settlement combines Topsoe’s distinctive applied sciences in renewable fuels and hydrogen manufacturing in addition to a long time of expertise in engineering, with Steeper’s proprietary Hydrofaction® know-how and trade know-how.
With the settlement, Topsoe will be capable to present a whole waste-to-fuel know-how resolution and on the similar time a one-stop resolution for refineries, challenge builders, and industries gaining access to extra waste biomass. The top-products embrace Sustainable Aviation Gasoline (SAF), marine biofuel, and renewable diesel from waste biomass.
Peter Vang Christensen, Senior Vice President, Clear Fuels & Chemical compounds – Know-how, Topsoe, mentioned:
“We’re excited to work with Steeper and to mix our technological capabilities. This may make it simpler for refineries and challenge builders to entry the know-how they want for superior biofuels. It would additionally enable them to entry new renewable feedstocks whereas supporting decarbonization of the transportation sector, not least aviation and transport.”
Bevan Might, President, Steeper Vitality, mentioned:
“Steeper acknowledges Topsoe as a world chief in creating and implementing renewable refining applied sciences. Steeper’s Hydrofaction® course of, when mixed with Topsoe’s know-how, completes the pathway from biomass waste to drop-in liquid fuels and is suitable with current refining infrastructure. This reduces capital necessities and permits for the accelerated deployment of those options. We’re excited to mix our efforts with Topsoe and convey our joint resolution to the renewable liquid fuels market.”
Steeper’s Hydrofaction® has been validated by means of numerous levels of steady pilot and demonstration-scale plant operations over the previous 10 years.
With this settlement, the events are working in direction of the primary business scale deployment of Hydrofaction® know-how.
What’s Hydrothermal liquefaction
Hydrothermal liquefaction (HTL) applies supercritical water as a response medium for the conversion of biomass instantly right into a high-energy density renewable biocrude oil. Steeper’s distinctive course of mimics and accelerates nature by subjecting moist biomass to warmth and excessive stress. The method situations are fastidiously chosen to advertise response pathways that favor excessive yields of high-quality renewable oil. With Steeper’s Hydrofaction® know-how it’s attainable to transform as much as 85% of incoming biomass on an vitality foundation, making it one of the vital efficient conversion applied sciences out there.
Based in 1940, Topsoe is a number one international developer and provider of decarbonization know-how, catalysts, and providers for the vitality transition.
Our mission is to fight local weather change by serving to our companions and clients obtain their decarbonization and emission-reduction targets, together with these in hard-to-abate sectors akin to aviation, transport, and the manufacturing of uncooked supplies. From carbon discount chemical compounds to renewable fuels and plastic upcycling, we’re uniquely positioned to help humanity in realizing a sustainable future.
Topsoe is headquartered in Denmark, with over 2,100 staff serving clients throughout the globe. To study extra, go to www.topsoe.com.
About Steeper Vitality
Steeper Vitality was based in 2011 and is backed by TOM Capital. Steeper immediately engages a staff of scientists, engineers, and help workers advancing Steeper’s core applied sciences and supporting the build-out of business tasks. Steeper is headquartered in Denmark and has areas in Canada. TOM Capital is a Canadian-based non-public fairness agency with investments in quite a few industries.
To study extra about TOM Capital or Steeper Vitality, go to www.tomcapital.com or www.steeperenergy.com respectively.
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SOURCE Steeper Vitality
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